PNG NICKEL MINE
February 1st, 2004
BY MATTHEW BRACEA CHINESE government corporation has struck an agreement with two Papua New Guinean companies to advance the A$855 million (US$675 million) Ramu Nickel project to development. The Ramu Nickel Mine is located in the mountainous Madang Province, just south of this region's capital Madang on the Papua New Guinea (PNG) north coast. It is expected to deliver 33,000 tonnes per year, all of which is destined to go to China to feed the nation's high demand for the metal for its booming stainless steel industry. The China Metallurgical Construction (Group) ...
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